PPP Loan information for Salomone bros., inc.

$996,904

Salomone bros., inc. was initially approved for PPP Loan of amount $996,904, the current approved amount is $996,904. The loan was approved on 04/11/2020 by The Lakeland Bank reported 63 jobs and $996,904 was used to fund payroll.

Salomone bros., inc. is Existing or more than 2 years old

SALOMONE BROS., INC.

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SALOMONE BROS., INC.

Borrower Address

17 Demarest Drive

Borrower City

WAYNE

Borrower State

NJ

Borrower Zip

07470-6701

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

996904.00

Current Approval Amount

996904.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

PASSAIC

Project State

NJ

Project Zip

07470-6701

CD

NJ-11

Jobs Reported

63

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

996904.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1007371.49

Forgiveness Date

05/04/2021

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